-Refer to the Diagram Above

question 142

Multiple Choice

-Refer to the diagram above.An Environment Canada requirement for a $700 air pollution control device for all cars would__________ the socially optimal reduction in pollution because __________.

• A) be equal to;any and all reductions in pollution are warranted
• B) not be equal to;the marginal cost exceeds the marginal benefit
• C) not be equal to;the reduction is less than 100%
• D) not be equal to;the marginal benefit exceeds the marginal cost
• E) be equal to;there is no other way to force the auto industry to reduce emissions

Distinguish between positive and negative reinforcement and their applications in work settings.

Appreciate the complexities around administering punishment and extinguishing undesired behaviors in organizational settings.

Understand the strategic application of reinforcement and punishment to shape desired behaviors in organizational settings.

Understand the concept of achievement motivation and its impact on personal success.

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Definitions:

Real GDP

The measure of a country's economic output adjusted for price changes, such as inflation or deflation, providing a more accurate reflection of an economy's size and health.

Percent

A mathematical term representing a part per hundred in everything from finance to statistics.

Economic Growth

An increase in the amount of goods and services produced per head of the population over a period of time, often measured as the percent rate of increase in real gross domestic product (GDP).

Nations

Large groups of people united by common descent, history, culture, or language, inhabiting a particular country or territory.